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From Oil Giants to Luxury Brands: Discover the 10 Richest Families in the World and Their Sources of Wealth

Written by Roberta Souza
Published on 19/12/2024 at 21:53
petróelo, fortuna, família
Foto: IA
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Oil, Retail, and Luxury: The Industries That Fuel the Largest Fortunes Globally and Who Owns the Largest Wealth Ever Seen!

The spectacular performance of the stock markets in 2024 further boosted the wealth of the world’s largest financial dynasties. According to Bloomberg’s annual ranking, the richest families continue to accumulate billion-dollar fortunes, led by the Waltons, owners of Walmart. Here are the 10 richest families and the sources of their wealth, according to G1.

Walton Family

Photo: Forbes Brazil
  • Fortune: US$ 432 billion (R$ 2.6 trillion), Walmart

The Waltons control about 46% of the world’s largest supermarket chain. Founder Sam Walton strategically distributed assets among his heirs, ensuring family cohesion and control.

Al Nahyan Family

Photo: Channeliam / Channel I’M English
  • Fortune: US$ 323 billion (R$ 1.9 trillion), Oil Sector

The Al Nahyan family’s fortune, rulers of Abu Dhabi, derives mainly from oil. Sheikh Mohammed bin Zayed Al Nahyan is the President of the United Arab Emirates.

Al Thani Family

Photo: BBC
  • Fortune: US$ 172 billion (R$ 1 trillion), Gas and Oil Sector

The Al Thani dynasty has prospered through natural gas and oil business in Qatar. Furthermore, its members have significant investments and hold important political positions.

Hermès Family

Photo: BBC
  • Fortune: US$ 170 billion (R$ 1 trillion), Hermès

The sixth generation of the Hermès family controls the iconic luxury brand. Axel Dumas, one of the heirs, serves as the CEO of the company.

Koch Family

Photo: Carta Capital
  • Fortune: US$ 148 billion (R$ 900 billion), Koch Industries

Founded in the oil sector, Koch Industries has expanded into areas such as energy, chemicals, and technology. After a family dispute, Charles and David Koch remained in control of the company.

Al Saud Family

Photo: Quem / Notícias – Globo
  • Fortune: US$ 140 billion (R$ 850 billion), Oil Sector.

The wealth of the Saudi royal family comes from oil, with assets controlled by Crown Prince Mohammed bin Salman, who has an estimated net worth of over US$ 1 billion.

Mars Family

Photo: Getty Images via BBC

Fortune: US$ 133 billion (R$ 810 billion), Mars Inc.

Famous for M&M’s and Snickers chocolates, Mars Inc. also stands out in the pet products area, which now accounts for the majority of its revenue.

Ambani Family

Photo: G1 – Globo
  • Fortune: US$ 99 billion (R$ 602 billion), Reliance Industries.

Mukesh Ambani leads the world’s largest oil refining complex and lives in the most expensive private mansion on the planet. His fortune began with the legacy left by his father.

Wertheimer Family

Photo: FFW – UOL
  • Fortune: US$ 88 billion (R$ 535 billion), Chanel

The brothers Alain and Gerard Wertheimer inherited Chanel, founded in the 1920s, and diversified the business with wines and racehorses.

Thomson Family

Photo: Suno Research
  • Fortune: US$ 87 billion (R$ 529 billion), Thomson Reuters

Thomson Reuters is a global reference in financial data and services. The fortune began in the 1930s with Roy Thomson, a pioneer in communications in Canada.

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Roberta Souza

Author for the Click Petróleo e Gás portal since 2019, responsible for publishing over 8,000 articles that have garnered millions of views, combining technical expertise, clarity, and engagement to inform and connect readers. A Petroleum Engineer with a postgraduate degree in Industrial Unit Commissioning, I also bring practical experience and background in the agribusiness sector, which broadens my perspective and versatility in producing specialized content. I develop content topics, disseminate job opportunities, and create advertising materials tailored for the industry audience. For content suggestions, job vacancy promotion, or advertising proposals, please contact via email: santizatagpc@gmail.com. We do not accept resumes

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